Planning for your eventual death is neither fun or particularly interesting but if you have valuable assets to leave behind and people you wish to take care of it's an important part of adult life. Once it is written you will be glad to know your loved ones are looked after.
Recent surveys have shown that 64% of adults have not written a will. This number goes down to 24% for older age groups but there is still a big gap leaving the potential for undue stress to loved ones.
You may not think you are rich enough to justify writing a will however if you own a property, car, shares or anything of value over 2000 pounds then you will have to plan how you wish this to be divided up upon your death.
If you are married with a family you also have to consider how your spouse and children should be cared for and in the case where you are the last remaining parent of a child you should carefully consider who you wish to be nominated as guardians until the child turns eighteen.
You have three options when you want to write a will. You can have a solicitor draft one for you. This is the best option when your affairs are in any complex. So a complex estate would be one where there is likely to be any dispute between beneficiaries or if some sort of business is involved.
A second option is to draft it yourself. Anyone can write a will and it's acceptable even if it's scrawled on a piece of toilet paper - as long as it's legible. It still needs to be witnessed though and this can be a dangerous option because there is no one to check for legal validity.
The third option is to use an online service for will writing. This allows you to go to a website and follow a series of simple steps with carefully targeted questions to draw up your will. Most reputable websites will then have this checked by professional will writers in order to make sure it is legal valid and there are no ambiguities which could cause problems in the event of your demise.
You can then print this will and have it witnessed as normal and arrange for it to be stored. Many websites also keep a secure copy online which you can access at any time.
In summary it is important to write a will [http://willwritingguide.co.uk] to secure your estate the way you want it.
Recent surveys have shown that 64% of adults have not written a will. This number goes down to 24% for older age groups but there is still a big gap leaving the potential for undue stress to loved ones.
You may not think you are rich enough to justify writing a will however if you own a property, car, shares or anything of value over 2000 pounds then you will have to plan how you wish this to be divided up upon your death.
If you are married with a family you also have to consider how your spouse and children should be cared for and in the case where you are the last remaining parent of a child you should carefully consider who you wish to be nominated as guardians until the child turns eighteen.
You have three options when you want to write a will. You can have a solicitor draft one for you. This is the best option when your affairs are in any complex. So a complex estate would be one where there is likely to be any dispute between beneficiaries or if some sort of business is involved.
A second option is to draft it yourself. Anyone can write a will and it's acceptable even if it's scrawled on a piece of toilet paper - as long as it's legible. It still needs to be witnessed though and this can be a dangerous option because there is no one to check for legal validity.
The third option is to use an online service for will writing. This allows you to go to a website and follow a series of simple steps with carefully targeted questions to draw up your will. Most reputable websites will then have this checked by professional will writers in order to make sure it is legal valid and there are no ambiguities which could cause problems in the event of your demise.
You can then print this will and have it witnessed as normal and arrange for it to be stored. Many websites also keep a secure copy online which you can access at any time.
In summary it is important to write a will [http://willwritingguide.co.uk] to secure your estate the way you want it.